Investor Alert

New York Markets Open in:

Market Pulse Archives

Dec. 14, 2020, 6:39 a.m. EST

3M provides sales guidance range in line with expectations

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    3M Co. (MMM)
  • X
    Dow Jones Industrial Average (DJIA)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

3M Co. /zigman2/quotes/205029460/composite MMM +0.83% said Monday that total sales for the month of November rose 8% from a year ago to $2.9 billion. The consumer, health care and industrial products company, which makes Post-it Notes and N95 face masks, said sales in both its safety and industrial and consumer businesses grew 16%, health care sales rose 5% and transportation and electronics sales increased 3%. The company said that "although significant macroeconomic uncertainty remains," it expects fourth-quarter sales of $8.2 billion to $8.4 billion, which surrounds the FactSet consensus of $8.27 billion. The stock, which slipped 0.7% in premarket trading, has lost 1.4% year to date through Friday, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +1.35% has gained 5.3%.

/zigman2/quotes/205029460/composite
US : U.S.: NYSE
$ 177.63
+1.46 +0.83%
Volume: 2.74M
Feb. 24, 2021 4:02p
P/E Ratio
19.21
Dividend Yield
3.33%
Market Cap
$102.02 billion
Rev. per Employee
$338,825
loading...
/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,961.86
+424.51 +1.35%
Volume: 413.35M
Feb. 24, 2021 5:20p
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.